In 2016, former New York Times reporter Nathaniel Popper published Digital Gold, an early account of Bitcoin that holds up as one of the best books on crypto. Since then, there have been a flood of other titles as publishers rushed to cash in on a subject defined by easy riches, outrageous characters, and a mind-boggling array of scams. This past...
Bloomberg) -- Bitcoin dropped below $42,000 for the first time in a week and the recent rally in memecoins has started to show signs of stalling. Most Read from Bloomberg Tesla Plans Revamp of Smash Hit Model Y From China Plant Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker Apple’s iPhone Design Chief Enlisted...
Cathie Wood’s Ark Invest is betting big on Tesla Inc., the electric vehicle company led by entrepreneur Elon Musk, who acknowledged last week that despite rising interest in a spot bitcoin ETF, he’s not terribly focused on cryptocurrencies. A long-time bullish voice supporting Musk’s carmaker, Wood purchased 111,000 Tesla shares on Wed. Dec. 20. The flagship Ark Innovation ETF (ARKK) bought 93,965 shares,...
MicroStrategy’s big investment in Bitcoin has yielded considerable gains for its investors, as the company’s stock has experienced a remarkable 308% increase over the course of this year. MicroStrategy has come out as one of the biggest gainers in the US among companies valued at $5 billion or more in terms of share prices. According to a report by CNBC...
XRP is struggling to maintain the uptrend. The coin is still trending below $0.62 after retracing from $0.68 sometime in September. Meanwhile, Everlodge is being explored because of its concept and partnerships. Will XRP break below support? XRP has had a great year, increasing by 77.87%. However, it has been stuck in a support zone lately. Currently holding...
BEIJING: President Xi Jinping (pic) vowed on Tuesday (Dec 26) to resolutely prevent anyone from "splitting Taiwan from China in any way", the official Xinhua news agency reported, a little more than two weeks before Taiwan elects a new leader. China views democratically-governed Taiwan as its own territory, despite the strong objections of the government in...
BEIJING: China - grappling with one of its coldest Decembers on record - will likely have to brace for another round of scorching heat and an increase in extreme weather next year due to the El Nino weather phenomenon, a senior climate expert said. This year has seen China lurch from some of its hottest temperatures...
Bitcoin gets all the headlines when people talk about cryptocurrencies, but there are literally thousands of other options when it comes to these digital currencies. In fact, cryptos that aren’t Bitcoin are usually considered an “also ran” – what are called “altcoins,” or alternatives to Bitcoin. While Bitcoin may have been the first major cryptocurrency to hit the...
Diana Mondino, Argentina's Minister of Foreign Affairs, International Trade, and Worship, has asserted that a recently passed decree legalizing the use of certain currencies in contracts and for payments applies to Bitcoin (BTC) and other cryptocurrencies. In a December 21 post on Twitter, Mondino stated that the "Bases for the Reconstruction of the Argentine Economy" decree,...
Which has grown faster in 2023, the price of bitcoin or of ETFs investing in cryptocurrency-related equities? If you guessed bitcoin, you’d be like many other investors, but also wrong. While the potential launch of a spot bitcoin ETF has held the attention of investors in 2023, crypto stocks have quietly outperformed the popular cryptocurrency itself, as well as...
